The standard hysteresis is 7º for domestic water heaters. Once a steady state condition is achieved, the switching intervals when no water is being used, can be several hours.
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(sorry to resurrect another zombie thread on Geysers - should I turn them off - but was asked a question on our blog and thought I'd better link to here!)
That's the problem with 'experts'

he's looking at the numbers and not looking at real life...
It doesn't matter what the geyser does -- any engineer or scientist will tell you, provably so, that unless the geyser cools all the way down to ambient, you will save hardly any energy by switching it off.
What they miss out is that if the geyser is OFF they use COLDER water to do the same things... and that DEFINITELY saves you money. When you wash your hands... you don't care if the hot water is 60 degrees or 40 degrees. In fact if it's hotter you end up using more water because its too hot, then you switch on the cold tap to cool if off and run the tap longer etc...
Until it's REALLLY COLD, most people don't realise that it's colder, they just cope with it.
And any scientist or engineer WILL tell you that if your hot water is 40 degrees rather than 60 degress, you WILL save energy...
I know myself that when I use the shower I generally turn on the hot tap, and then once it's warmed up, turn on the cold tap until I can shower without being burned. Basically, if the water is hotter, I just end up with a faster flow of water... If the water was 'barely' hot enough (say 40 degrees), I'd have a lower flowing shower, and spend less on energy.
Sorry it's convoluted. But I'll come back down to it -- it is impossible for you geyser to use MORE energy by being switched off!
Any real savings from switching off will only come from:
A: it cooling ALL the way down (which should take days/a week or so, assuming it's good, but could be quick if there's leaks, bad lagging etc.)
B: Using cooler hot water -- i.e. you wash dishes at 30 degrees, rather than 40 degrees.
That's it...